Science and Development Network
News, views and information about science, technology and the developing world
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Definitions
Definitions have been adapted from three main sources: Cordis (ECC), the Frascati Manual (FM) and the Oslo Manual (OM), with thanks to the providers.
Developing countries are increasingly recognising the importance of science in developing their economies, and the challenges that entails.
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Venture capital
Investment in companies whose success is uncertain, but also offer the possibility of a high rate of return. Venture capital is an essential means of financing the rapid growth of new technology-based firms (ECC).
